網頁圖片
PDF
ePub 版

100

100

France is 8755 cents per pennyweight; that of Spain 84 cents per pennyweight. The French crown, weighing 18 pennyweights and 17 grains, is equal to 1097 cents; the five-franc piece, weighing 16 pennyweights, 2 grains, 952 cents; the Spanish doilar, weighing 17 pennyweights, 7 grains,

[ocr errors]

1002 cents.

100

100

The currency of the following gold coins within the United States was regulated by an act of congress, dated the 29th of April 1816, to remain in force during the term of three years :

Gold coins of Great Britain and Portugal at the rate of 100 cents for 27 grains, or 888 per pennyweight.

Gold coins of France, 100 cents for every 27 grains, or 871 cents per pennyweight.

'Gold coins of Spain, 100 cents for every 281 grains, or 84 cents per pennyweight.

French crowns, 117 cents per ounce; five-franc pieces, 116 cents per ounce.

The expences of the mint establishment, for 1813, amounted to 21,325 dollars.

Salaries of the Officers of the Mint.

[blocks in formation]

The following is a statement of the number of pieces

[blocks in formation]

A Table of the Coins of the United States.

[merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][ocr errors][merged small][merged small][merged small][merged small][merged small]

Rates of Foreign Coins and Currencies, established

by Act of Congress, in the year 1799, (2d March.)

[merged small][merged small][merged small][merged small][merged small][ocr errors][merged small]

Florin, or guilder, of the United Netherlands,

[blocks in formation]
[blocks in formation]

A Table of the Weight and Value of Coins as they pass in the respective States of the Union, with their Sterling and Federal Value.

[merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][ocr errors][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][ocr errors][merged small][merged small][merged small][merged small][merged small][merged small][ocr errors][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][ocr errors][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][ocr errors][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small]

Bank of the United States.

By the act incorporating the bank, dated 10th April 1816, the capital is to consist of thirty-five millions of dollars, to be divided into 350,000 shares; the shares 100 dollars each. 70,000 shares, or seven millions of dollars, to be subscribed and paid for by the United States, and 280,000, or twenty-eight millions of dollars by individuals, companies, or corporations. The subscription to be made under the superintendence of five commissioners at Philadelphia, and three at the capitals, or chief towns of the different states. Any individual, company, corporation, or state, entitled to subscribe for any number of shares not exceeding 3000. Seven millions of the subscription to be paid in gold or silver coin of the United States, or in Spanish gold

1

*

coin at the standard rate; and twenty-one millions of dollars in like money, or in the funded debt of the United States contracted at the time of the subscriptions respectively. The funded debt bearing an inteterest of six per cent. per annum, to be taken at the nominal, or par value thereof. The funded debt bearing an interest of three per cent, per annum, at the rate of 65 dollars for every hundred dollars of the nominal amount thereof. The funded debt bearing an interest of seven per cent. per annum, at 106 dollars, and 51 cents for every hundred dollars of the nominal amount thereof, with the amount of interest to the time of subscription.

Five dollars on each share to be paid at the time of subscription, in gold or silver coin, and twenty-five dollars more in coin or in funded debt. At the expiration of six kalendar months, ten dollars on each share in coin, and twenty-five dollars in coin, or in funded debt. At the expiration of twelve kalendar months from the time of subscribing, the further sum of ten dollars on each share in coin, and twenty-five in coin or in funded debt. The commissioners, when authorized by the subscribers, to transfer their stock in due form of law to the president, directors, and company of the bank of the United States as soon as orga nized.

The United States have power to pay and redeem the funded debt subscribed at the aforesaid rates, in such sums, and at such times, as shall be deemed ex

*Act of 10th April 1806.

pedient; and the president, directors, and company, may sell and transfer for gold and silver coin, or bullion, the funded debt subscribed, provided they do not sell more than two millions of dollars in any one year, nor any part thereof at any time within the United States, without offering the same through the secretary of the treasury during fifteen days, at the current price, and not exceeding the aforesaid rates.

The subscribers to the bank, their successors and assigns, are created a corporation and body politic, the name and style of " the President, Directors, and Company of the Bank of the United States," to continue till the 3d day of March 1836, and to be capable of possessing property to the amount of fifty-five millions of dollars, including the amount of the capital stock. The affairs of the corporation to be placed under the management of twenty-five directors, five of whom, being stock-holders, are to be annnally appointed by the president of the United States, by and with the advice and consent of the senate, not more than three to be residents in any one state, and twenty to be elected annually at the banking house in the city of Philadelphia on the 1st of January, by a plurality of votes of the qualified stock-holders of the capital of the bank other than the United States; but a director of this bank, or of any of its branches, cannot be director of any other bank. The president of the corporation to be chosen by the directors at their annual meeting; the vacancy to be supplied by another election; that of a director by the president of the United States, or by the stock-holders, and none to be remov

« 上一頁繼續 »